International Institute of Certified Accountants

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What is the total Gross Purchase of Stationery Items as on 27/4/2013

Q1
A 5,00,070.26 B 5,00,070.22 C 5,00,070.24 D None of These

What is the total expense incurred during the period 15/4/2013 to 28/5/2013
Q2
A 6,49,960.00 B 6,49,970.00 C 6,49,950.00 D None of These

What is the total amount receivable from Debtors as on 7/5/2013

Q3
A 20,04,720.00 B 20,04,719.00 C 20,04,716.00 D None of These
What is the Amount (Gross) of Lipton Brue Coffee 250gm 1x2x8 purchased during the
Q4 period 18/4/2013 to 22/5/2013
A 3,57,800.32 B 3,57,800.31 C 3,57,800.34 D None of These

What is the total Telephone expense in the month of April

Q5
A 1,025.00 B 1,027.00 C 1,029.00 D None of These

What was the Quantity of Stock of Nido Milk Powder 500gm 1x4x2x6 as on 17/5/2013
Q6
A 5,276.00 B 5,272.00 C 5,275.00 D None of These

What is the Profit or Loss as on 4/5/2013

Q7
A -3,83,440.04 B -3,83,440.00 C -3,83,440.02 D None of These

What is the total amount payable to Creditors as on 27/4/2013

Q8
A 662,95,833.89 B 662,95,833.86 C 662,95,833.87 D None of These
What is the Quantity of Punching Machine (Kores) 1x4x12 returned by customers
Q9 during the period 5/4/2013 to 29/5/2013
A 12.00 B 10.00 C 11.00 D None of These

What is the Debt-Equity Ratio as on 23/5/2013

Q10
A 0.24 B 0.26 C 0.23 D None of These
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What is the total payment received from Debtors during the period 13/4/2013 to
Q11 26/5/2013
A 44,55,141.00 B 44,55,143.00 C 44,55,142.00 D None of These

What is the total Net Cash Sale (Less Returns) as on 4/5/2013

Q12
A 6,86,563.00 B 6,86,562.00 C 6,86,559.00 D None of These

What is the total collection from customers through Bank accounts as on 25/5/2013
Q13
A 36,14,139.00 B 36,14,141.00 C 36,14,142.00 D None of These

What is the total amount paid to Suppliers through Bank accounts as on 27/5/2013
Q14
A 439,27,319.68 B 439,27,319.66 C 439,27,319.67 D None of These
What is the total value of fixed assets purchased during the period 17/4/2013 to
Q15 27/5/2013
A 76,78,800.00 B 76,78,600.00 C 76,79,000.00 D None of These
What is the total payment made to Penmart Stationery Mall during the period 9/4/2013
Q16 to 21/5/2013
A 29,472.00 B 29,476.00 C 29,474.00 D None of These

What is the total Net Credit Purchase (Less Returns) as on 9/5/2013

Q17
A 670,18,211.65 B 670,18,211.67 C 670,18,211.69 D None of These

What is the total amount Paid to Suppliers through Bank Accounts in May
Q18
A 264,69,415.46 B 264,69,415.48 C 264,69,415.50 D None of These
What is the lowest Quantity of Gum (Fevicol) 1x10x12 sold during the period 20/4/2013
Q19 to 29/5/2013
A 50.00 B 48.00 C 49.00 D None of These

What is balance payable to Yorkshare Food Products Ltd as on 19/5/2013

Q20
A 1,88,228.64 B 1,88,228.67 C 1,88,228.68 D None of These
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What is the total payment received from Traford Super Market during the period
Q21 7/4/2013 to 28/5/2013
A 3,37,838.00 B 3,37,836.00 C 3,37,840.00 D None of These
What is the total amount collected from customers through City Bank (Lombard Street
Q22 Branch) A/c in April
A 6,43,776.00 B 6,43,780.00 C 6,43,778.00 D None of These
What is the Average Daily Expense of the company during the period 10/4/2013 to
Q23 27/5/2013
A 14,048.05 B 14,048.04 C 14,048.06 D None of These
What is the total Cash sale (Net) of Stationery Items during the period 4/4/2013 to
Q24 23/5/2013
A 37,467.00 B 37,466.00 C 37,463.00 D None of These

What is the total expense incurred as upto 26/5/2013

Q25
A 6,94,470.00 B 6,94,460.00 C 6,94,440.00 D None of These
What is the total Cash inflow (Including Cash Withdrawal) during the period 11/4/2013
Q26 to 7/5/2013
A 20,48,053.00 B 20,48,052.00 C 20,48,049.00 D None of These

What is balance payable to Kores Stationery Shop A/cas on 9/5/2013

Q27
A 22,491.00 B 22,489.00 C 22,490.00 D None of These

what is the minimum cash balance held during the period 2/4/2013 to 10/5/2013
Q28
A 4,99,942.00 B 4,99,944.00 C 4,99,945.00 D None of These

What is the total amount of cash deposited in Al Islami Bank A/c in the month of May
Q29
A 57,596.00 B 68,330.00 C 0.00 D None of These
What is the total quantity (Net) of Refrigerator (Kelvinator) 1x1 Sold during the period
Q30 16/4/2013 to 19/5/2013
A 68.00 B 72.00 C 70.00 D None of These
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What is the total Cash Out Flow (Including Cash Deposit in Bank) during the period
Q31 3/4/2013 to 12/5/2013
A 15,54,703.00 B 15,54,701.00 C 15,54,705.00 D None of These
What is the total amount paid to suppliers through City Bank (Lombard Street Branch)
Q32 A/c in April
A 41,74,525.13 B 41,74,525.14 C 41,74,525.10 D None of These

What is the total expense of Printing & Stationery as on 30/5/2013

Q33
A 53,569.00 B 53,567.00 C 53,570.00 D None of These
What is the lowest Rate at which Refrigerator (Kelvinator) 1x1 purchased during the
Q34 period 3/4/2013 to 26/5/2013
A 6,010.74 B 6,010.73 C 6,010.71 D None of These

What is the total Expense Paid by cash during the period 5/4/2013 to 6/5/2013
Q35
A 2,96,016.00 B 2,96,017.00 C 2,96,013.00 D None of These
What is the total Credit sale (Net) of Stationery Items during the period 14/4/2013 to
Q36 30/5/2013
A 73,599.00 B 73,601.00 C 73,597.00 D None of These
What is the total amount of cash withdrawn from Bank of London A/c (Churchil Way
Q37 Branch) in the month ofMay
A 1,00,000.00 B 3,00,000.00 C 5,00,000.00 D None of These
What is the Total Net Sale of Happy Tomato Sauce 250gm 1x8x4x2 during the period
Q38 17/4/2013 to 12/5/2013
A 1,11,087.00 B 1,11,089.00 C 1,11,091.00 D None of These

What is the Total Net Sale of Food Items during the period 5/4/2013 to 27/5/2013
Q39
A 11,86,650.00 B 11,86,610.00 C 11,86,640.00 D None of These

What is the total amount collected from customers through Bank Accounts in April
Q40
A 20,95,987.00 B 20,95,986.00 C 20,95,984.00 D None of These
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What is the total collection from customers through Bank of London A/c (Churchil
Q41 Way Branch) as on 3/5/2013
A 8,69,619.00 B 8,69,615.00 C 8,69,618.00 D None of These
What is the collection from customers through City Bank (Lombard Street Branch) A/c
Q42 during the period 3/4/2013 to 23/5/2013
A 11,92,659.00 B 11,92,662.00 C 11,92,663.00 D None of These
What is the Minimum Amount of Stock of Refrigerator (Kelvinator) 1x1 held in the
Q43 month of April
A 74,68,932.50 B 74,68,932.51 C 74,68,932.53 D None of These
What is the highest Rate at which Television (Philips)32" 1x1 sold during the period
Q44 4/4/2013 to 21/5/2013
A 29,913.00 B 29,917.00 C 29,916.00 D None of These
What is the highest Rate at which Happy Tomato Sauce 250gm 1x8x4x2 purchased
Q45 during the period 15/4/2013 to 16/5/2013
A 89.01 B 88.99 C 88.97 D None of These

What is the total amount payable to Suppliers as on 23/4/2013

Q46
A 441,63,426.04 B 441,63,426.00 C 441,63,426.02 D None of These

What is the total Purchase (Less Returns) as on 9/5/2013

Q47
A 673,82,500.66 B 673,82,500.67 C 673,82,500.69 D None of These
What is the highest Quantity of Television (Philips)32" 1x1 purchased during the
Q48 period 1/4/2013 to 20/5/2013
A 1,279.00 B 1,278.00 C 1,280.00 D None of These

What is the total Sale (Less Returns) as on 5/5/2013

Q49
A 44,30,438.00 B 44,30,439.00 C 44,30,435.00 D None of These
What is the total amount of sales return of Electronic Items during the period 18/4/2013
Q50 to 20/5/2013
A 4,77,726.00 B 4,77,728.00 C 4,77,724.00 D None of These
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What is the total Cash Purchase (Net) of Electronic Items during the period 1/4/2013 to
Q51 12/5/2013
A 0.00 B 36,584.00 C 35,933.00 D None of These

What is the value of Total Stock as on 28/4/2013

Q52
A 596,63,366.55 B 596,63,366.59 C 596,63,366.57 D None of These

What is the total value of Furniture as on 20/5/2013

Q53
A 2,900.00 B 2,700.00 C 2,800.00 D None of These

What was the Average Cash balance held during the period 5/4/2013 to 16/5/2013
Q54
A 19,84,951.76 B 19,84,951.79 C 19,84,951.75 D None of These
What is the total Credit Purchase (Net) of Stationery Items during the period 8/4/2013
Q55 to 28/5/2013
A 2,24,486.51 B 2,24,486.48 C 2,24,486.52 D None of These
What is the collection from customers through Bank Accounts during the period
Q56 14/4/2013 to 13/5/2013
A 22,50,983.00 B 22,50,986.00 C 22,50,987.00 D None of These
What is the lowest Quantity of Happy Tomato Sauce 250gm 1x8x4x2 purchased during
Q57 the period 1/4/2013 to 26/5/2013
A 131.00 B 132.00 C 128.00 D None of These

What is the total Cash payment made to Penmart Stationery Mall

Q58
A 60,000.00 B 20,000.00 C 40,000.00 D None of These

What was the Rate of Stock balance of Television (Onida) 21" 1x1 as on 29/5/2013
Q59
A 8,226.30 B 8,226.34 C 8,226.32 D None of These
What is the amount paid to Suppliers through Bank Accounts during the period
Q60 20/4/2013 to 4/5/2013
A 120,17,403.62 B 120,17,403.58 C 120,17,403.60 D None of These
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What is the highest Quantity of Stapler Pin (Camel) 1x8x6 sold during the period
Q61 9/4/2013 to 27/5/2013
A 936.00 B 932.00 C 935.00 D None of These

What is the Currrent Ratio as on 13/4/2013

Q62
A 2.53 B 2.55 C 2.54 D None of These
What is the total net sales (Less Returns) of Food Items during the period 16/4/2013 to
Q63 13/5/2013
A 5,58,950.00 B 5,58,920.00 C 5,58,960.00 D None of These

What is the Maximum Amount of Stock of Stapler Pin (Camel) 1x8x6 in business
Q64
A 98,514.88 B 98,514.84 C 98,514.86 D None of These

What was the Stock value of Lipton Brue Coffee 250gm 1x2x8 as on 14/4/2013
Q65
A 10,51,725.60 B 10,51,725.61 C 10,51,725.63 D None of These

What is the Profit or Loss as on 31/5/2013

Q66
A -6,65,299.64 B -6,65,299.66 C -6,65,299.62 D None of These

What is the total gross amount of Cash received from Adiison Lee Fancy Shop in May
Q67
A 20,000.00 B 50,000.00 C 30,000.00 D None of These

What was the Cash Balance as on 23/5/2013

Q68
A 37,67,931.50 B 37,67,931.52 C 37,67,931.49 D None of These
What is the total amount of cash withdrawn from banks during the period 16/4/2013 to
Q69 28/5/2013
A 41,50,000.00 B 41,70,000.00 C 41,90,000.00 D None of These

What is the total Net Cash Purchase (Less Returns) as on 23/5/2013

Q70
A 42,16,627.48 B 42,16,627.52 C 42,16,627.50 D None of These
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What Amount of Cash was utilised for payment of Expenses during the period 1/4/2013
Q71 to 16/5/2013
A 2,97,470.00 B 2,97,500.00 C 2,97,490.00 D None of These

What was the Total Bank balance as on 27/4/2013

Q72
A 1273,81,063.59 B 1273,81,063.58 C 1273,81,063.60 D None of These
How much Cash is received (Gross) from Customers during the period 14/4/2013 to
Q73 21/5/2013
A 8,90,000.00 B 8,89,000.00 C 8,86,000.00 D None of These

What is the Profit or Loss as on 10/4/2013

Q74
A 41,312.02 B 41,311.99 C 41,312.00 D None of These

What is balance receivable from Pinchin Johnson & Playfter Ltdas on 15/5/2013
Q75
A 2,45,620.00 B 2,45,616.00 C 2,45,619.00 D None of These
What number of ERRORS are found in JOURNAL ENTRIES posted from
Q76 TRANSACTIONS
A 6.00 B 4.00 C 5.00 D None of These
What is the Average Quantity of Stock of Happy Tomato Sauce 250gm 1x8x4x2 held
Q77 during the period 3/4/2013 to 20/5/2013
A 5,296.00 B 5,293.00 C 5,297.00 D None of These

What is the Total Amount of cash paid to customers by way of Sales Return
Q78
A 87,786.00 B 87,787.00 C 87,783.00 D None of These

What is the total amount payable to Creditors other than suppliers as upto 28/4/2013
Q79
A 223,90,000.00 B 223,50,000.00 C 223,70,000.00 D None of These

How much Cash is paid to Suppliers during the Period 2/4/2013 to 30/5/2013
Q80
A 4,90,000.00 B 4,88,000.00 C 4,91,000.00 D None of These
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What was the Average Bank balance held during the period 2/4/2013 to 9/5/2013
Q81
A 1319,60,723.00 B 1319,60,723.03 C 1319,60,723.01 D None of These
What is the Maximum Quantity of Stock of Punching Machine (Kores) 1x4x12 in
Q82 business
A 18,456.00 B 18,454.00 C 18,452.00 D None of These

What is the total Gross sale of Food Items as on 14/5/2013

Q83
A 8,40,205.00 B 8,40,208.00 C 8,40,209.00 D None of These
what was the highest amount of cash balance held during the period 14/4/2013 to
Q84 28/5/2013
A 63,21,719.52 B 63,21,719.48 C 63,21,719.50 D None of These
What is the total amount of Purchase return of Food Items during the period 6/4/2013 to
Q85 30/5/2013
A 5,228.40 B 5,228.43 C 5,228.44 D None of These
What is the total quantity (Net) of Happy Tomato Sauce 250gm 1x8x4x2 Purchased
Q86 during the period 26/4/2013 to 24/5/2013
A 952.00 B 954.00 C 956.00 D None of These
What is the total amount of cash deposited in banks during the period 17/4/2013 to
Q87 21/5/2013
A 5,80,000.00 B 5,90,000.00 C 5,50,000.00 D None of These
What is the total net Purchases (Less Returns) of Stationery Items during the period
Q88 11/4/2013 to 15/5/2013
A 2,29,608.54 B 2,29,608.50 C 2,29,608.52 D None of These
What is the Average Amount of Stock of Lipton Brue Coffee 250gm 1x2x8 held during
Q89 the period 4/4/2013 to 13/5/2013
A 10,74,273.28 B 10,74,273.29 C 10,74,273.31 D None of These

What is the total amount of cheque paid to Sanford Electrics Ltd in May
Q90
A 20,53,792.20 B 20,53,792.19 C 20,53,792.18 D None of These
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What is the total Cheques collected from Adiison Lee Fancy Shop in April
Q91
A 2,89,000.00 B 2,85,000.00 C 2,88,000.00 D None of These
What is the Gross COST OF SALE of Happy Tomato Sauce 250gm 1x8x4x2sold during
Q92 the period 14/4/2013 to 30/5/2013
A 1,49,525.77 B 1,49,525.76 C 1,49,525.79 D None of These
What is the Quantity of Happy Tomato Sauce 250gm 1x8x4x2 returned to suppliers
Q93 during the period 14/4/2013 to 27/5/2013
A 13.00 B 17.00 C 16.00 D None of These

What is the total Net Credit Sale (Less Returns) as on 9/5/2013

Q94
A 47,76,701.00 B 47,76,703.00 C 47,76,699.00 D None of These
What is the lowest Rate at which Punching Machine (Kores) 1x4x12 sold during the
Q95 period 15/4/2013 to 24/5/2013
A 70.00 B 30.00 C 60.00 D None of These
What is the Minimum Quantity of Stock of Gum (Fevicol) 1x10x12 held in the month of
Q96 April
A 9,733.00 B 9,736.00 C 9,737.00 D None of These

What was the balance in Bank of London A/c (Churchil Way Branch) as on 23/5/2013
Q97
A 340,73,836.00 B 340,73,834.00 C 340,73,838.00 D None of These
What is the amount paid to suppliers through City Bank (Lombard Street Branch) A/c
Q98 during the period 6/4/2013 to 16/5/2013
A 81,94,115.83 B 81,94,115.82 C 81,94,115.84 D None of These
What is the total amount paid to Suppliers through Bank of London A/c (Churchil Way
Q99 Branch) as on 8/5/2013
A 81,85,403.59 B 81,85,403.58 C 81,85,403.60 D None of These

What is the total payment made to Creditors during the period 5/4/2013 to 15/5/2013
Q100
A 502,29,560.52 B 502,29,560.54 C 502,29,560.51 D None of These